Housing costs in Los Angeles?
A typical home costs
$2,820,800, which is 734.3% more expensive than the national average of
$338,100 and 284.6% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$3,410 per month, which is 58.6% more than the national average of
$2,150 and 32.6% more than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 90077), California, a minimum annual income of
$540,360 for a family, and
$107,200 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 90077 Los Angeles, CA is quite high. The median home price is well over $1 million, and rental prices are typically very expensive as well. On top of those costs, the area has a higher-than-average cost of goods and services. Groceries, childcare and transportation all tend to be more expensive compared to other parts of the country. While these expenses can add up quickly, those who move to 90077 get access to an array of amenities that make it a desirable place to live.